Research Reports

Automative & Transportation

icon
Home » Reports » Automotive Piston Market Global Demand Analysis Opportunity Outlook 2024

Send Enquiry

KEY BENEFITS

  • DIRECT ANALYST ASSISTANCE

    Direct access to analyst to help you understand the market in a better way to handle your critical question

  • CUSTOMIZE AS PER YOUR NEED

    Citing your business specific requirement our consultant would assist you ensuring targeted goal is achieved

  • DISCOUNT ON CUSTOMISATION

    Get 10% free customization

  • QUALITY ASSURED

    Great focus on accuracy and quality of the research

Market Research Report

Automotive Piston Market : Global Demand Analysis & Opportunity Outlook 2024

Published On : 06:22 AM, 21st June, 2017 REP-ID-302 Category: Automative & Transportation

Automotive Piston Market Overview

An automotive piston is a cylindrical piece of metal that moves up and down inside the cylinder of an engine. It generates mechanical energy that provides necessary force to drive the shaft and run the wheels of the vehicles. Piston system comprises of piston, piston rings, piston pins, hence this system transfers the generated power to the crankshaft through connecting rod.    

Market size and forecast

Automotive piston market is expected to expand at a CAGR of 5.1% over the forecast period i.e. 2017-2024. Moreover, the automotive piston market is anticipated to reach around USD 15,910 Million by 2024. As a piston is a main part of an internal combustion engine, the demand for pistons is directly coupled with the automobile production. Owing to the continuous developments, the automobile segment is observing increased demand for lightweight pistons, which is expected to drive the growth for the global automotive piston market.

Asia-Pacific is estimated to be the largest automotive piston market due to the fact that it is the dominating region in automotive industry as piston is an integral part of automotive industry. China and India are the major contributors in Asia-Pacific region.  China grabbed the largest revenue share in automotive piston market in the region, marked a market share of around 35% in the Asia-Pacific automotive piston market 2016. With the rise in manufacturing costs, existing piston manufactures in the US and Europe is shifting their operation to Asia-Pacific region due to low labor costs and easily accessibility of raw materials.

Automotive piston market

Europe is the second largest market for the automotive piston in 2016. Europe is expected to perceive a moderate growth in the near future owing to high market saturation. France, UK and Germany are expected to lead the overall demand for this regional automotive piston market. North America is also a major market for automotive piston owing to the increase in sales for light commercial vehicles.

Market Segmentation

Our in-depth analysis segmented the market in the following segments:

By Material

  • Steel
  • Aluminum

By Type

  • Trunk Piston
  • Crosshead Piston
  • Slipper Piston
  • Deflector Piston

By Coating

  • Thermal barrier Coating Piston
  • Dry Film Lubricating Coating Piston
  • Oil Shedding Coating Piston

By Vehicle

  • Two Wheeler
  • Three Wheeler
  • Four Wheeler

By Region

Global automotive piston market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis

Growth Drivers and Challenges

Increasing urbanization coupled with changing lifestyle of population are the factors for escalation in the demand for automobiles, especially two wheeler segments in emerging economies such as India which is anticipated to impel the demand for piston over the forecast period. Advancement in technology such as installation of cooling channels in piston is likely to be the dynamic factor behind the rapid growth of automotive piston market. In addition, rise in demand for light weight piston developed from composite carbon, silicon and magnesium is expected to unfold various opportunities in this market in the coming few years.

However, the growth of this market is likely to be hindered by increasing penetration of electric vehicles, which do not use pistons. Further, the automotive industries are downsizing their engine for better fuel economy, as fuel rates are increasing globally. Using technologies such as turbochargers, the automotive industry have been able to downsize their engines by reducing cylinders are believed to dampen the growth of global automotive piston market over the forecast period.

Key Players

The key players of automotive piston market are as follows:

  • Mahle  Gmbh
  • Aisin-Seiki Co. Ltd.
  • KSPG AG
  • Hitachi Automotive Systems
  • Federal-Mogul
  • Indian Piston Limited
  • Arias Piston
  • Capricorn Automotive
  • Ross Racing Piston

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global automotive piston market is segmented as follows:

  • By Material Market Size & Y-O-Y Growth Analysis
  • By Type Market Size & Y-O-Y Growth Analysis
  • By Coating Market Size & Y-O-Y Growth Analysis
  • By Vehicle Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

Key Answers Captured in Report?
Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

SELECT LICENSE TYPE

Request a Sample

Call us

(U.S.) - +1 646 586 9123
(Canada) - +1 437 889 3230
(U.K.) - +44 203 608 5919
(India) - + 91 120 660 5495
Email: info@researchnester.com

OR

Request a Sample

Delivery Center

1014, 10th Floor, Tower A1,
Ansal Corporate Park, Plot no 7A/1,
Sector 142 Noida., 201301 India
Phone : +91 958 228 3827, +91 120 660 5495
info@researchnester.com

US Office

1820 Avenue M, Suite# 1113,
Brooklyn, New York 11230
Phone : +1 646 586 9123
info@researchnester.com

Canada (Toronto)

Phone : +1 437 889 3230
info@researchnester.com

UK Office (London)

Phone : +44 203 608 5919
info@researchnester.com

Copyright © 2017 Research Nester. All rights reserved

Top